Investor Presentaiton
Loan Yields
Compression in certain segments due to rate cuts and competitive pressure
175 bps cut in overnight policy rates
200 bps cut in reserve requirement
ratio
Loan yields higher for Auto, Credit Cards, and Personal Loans
Date
1/1/2019
Key Policy Rate
4.75%
5/9/2019
4.50%
8/8/2019
4.25%
9/26/2019
4.00%
2/6/2020
3.75%
03/20/2020
3.25%
04/17/2020
2.75%
06/25/2020
2.25%
Date
1/1/2019
Reserve Requirement Ratio
18.00%
5/31/2019
17.00%
6/28/2019
16.50%
7/26/2019
16.00%
11/1/2019
15.00%
12/1/2019
14.00%
3/30/2020
12.00%
14
Source: BSP
51.0%
41.0%
31.0%
21.0%
11.0%
1.0%
2016
2017
2018
2019
9M20
Corporate
3.95%
4.06%
4.61%
5.34%
4.74%
Mortgage
6.96%
6.80%
6.80%
7.57%
7.34%
Auto
9.55%
9.30%
9.36%
9.35%
9.55%
Credit Cards
20.03%
19.61%
19.24%
19.08%
19.44%
Personal
23.01%
21.99%
22.27%
24.20%
24.80%
Microfinance
27.01%
40.14%
48.96%
47.60%
33.17%
BPI
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